Paylocity PCTY Client fund obligations
Client fund obligations at other companies
Other financials
Where this comes from
Reported directly by Paylocity in its filing.
Tagged under the XBRL concept pcty:ClientFundObligationsCurrent.
The official record: Paylocity’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Paylocity's client fund obligations?
- Paylocity (PCTY) reported client fund obligations of $3.83B in Q1 2026.
- How has Paylocity's client fund obligations changed year-over-year?
- Paylocity's client fund obligations increased by 12.0% year-over-year, from $3.42B to $3.83B.
- What is the long-term trend for Paylocity's client fund obligations?
- Over 4 years (2021 to 2025), Paylocity's client fund obligations has grown at a 11.2% compound annual growth rate (CAGR), from $1.76B to $2.69B.
- What does client fund obligations mean?
- This represents the short-term liability corresponding to funds collected from clients that are due to be remitted to third parties, such as tax agencies or employees. It is a direct offset to the client funds held as assets and reflects the company's role as a financial intermediary. The size of this obligation is directly correlated with the volume of payroll and HCM services processed by the firm.